Friedberg 340. 1880 $100 Silver Certificate of Deposit. PMG Choice Extremely Fine 45. Only a dozen Bruce-Wyman Series of 1880 $100 Silver Certificates of Deposit are known to exist and the example offered here is the finest third-party graded example in existence. This sharply printed note features the portrait of James Monroe at left with a large brown Treasury Seal at top center and a brown Roman numeral C below it. The engraved signatures of Treasury officials Bruce and Wyman are found to the right of the brown C. Bold blue printed serial numbers are in panels at the bottom left and top right. The imposing black printed back immediately draws attention. This example is formerly from the collection of Dr. Edward and Joanne Dauer and it displays bright paper that saw only modest circulation. The plate impression is sharply printed and strikingly detailed on both the face and the back. The overprints are well presented and bold in color.Silver Certificates of Deposit as a class (not to overlook the extra rarity of the high $100 denomination) are one of the rarest major classes within federal currency. It is popular to include them with regular (later) Silver Certificates, but these are a distinct class. If this were more widely recognized, the demand for them, already intense, would be even stronger.<br style="box-sizing:border-box;color:#333333;font-family:Avenir, Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:14px;background-color:#ffffff;" /><br style="box-sizing:border-box;color:#333333;font-family:Avenir, Roboto, Helvetica Neue, Helvetica, Arial, sans-serif;font-size:14px;background-color:#ffffff;" />Unlike the later Silver Certificates, the Silver Certificates of Deposit did not see wide general circulation. Instead, most were used in bank transfers, mining company transactions, and the like.This note resided in a PCGS Currency Extremely Fine 45 holder when we sold it as the finest graded example for $352,500 in our August 2013 ANA sale. The note has since been crossed over to PMG and it remains the finest graded to this day. <em>From Limpert Illustration; Currency Auctions of Americas sale of January 2001, lot 1571; Dr. Edward & Joanne Dauer; our sale of August 2013, lot 3218. </em>
